Principles of Engineering Economics with Applications
By Zahid A. Khan,Arshad N. Siddiquee,Brajesh Kumar,Mustafa H. Abidi | Publisher: Cambridge University Press
About the book
Covering detailed discussion of fundamental concepts of economics, the textbook commences with comprehensive explanation of theory of consumer behavior, utility maximization and optimal choice, profit function, cost minimization and cost function. The textbook covers methods including present worth method, future worth method, annual worth method, internal rate of return method, explicit reinvestment rate of return method and payout method useful for studying economic studies. A chapter on value engineering discusses important topics such as function analysis systems techniques, the value index, value measurement techniques, innovative phase and constraints analysis in depth. It facilitates the understanding of the concepts through illustrations and solved problems. This text is the ideal resource for Indian undergraduate engineering students in the fields of mechanical engineering, computer science and engineering and electronics engineering for a course on engineering economics/engineering economy.
Editions of Principles of Engineering Economics with Applications
- Paperback
- ISBN 9781108458856
Read an Excerpt
Covering detailed discussion of fundamental concepts of economics, the textbook commences with comprehensive explanation of theory of consumer behavior, utility maximization and optimal choice, profit function, cost minimization and cost function. The textbook covers methods including present worth method, future worth method, annual worth method, internal rate of return method, explicit reinvestment rate of return method and payout method useful for studying economic studies. A chapter on value engineering discusses important topics such as function analysis systems techniques, the value index, value measurement techniques, innovative phase and constraints analysis in depth. It facilitates the understanding of the concepts through illustrations and solved problems. This text is the ideal resource for Indian undergraduate engineering students in the fields of mechanical engineering, computer science and engineering and electronics engineering for a course on engineering economics/engineering economy.
Frequently Asked Questions
What is Principles of Engineering Economics with Applications about?
Covering detailed discussion of fundamental concepts of economics, the textbook commences with comprehensive explanation of theory of consumer behavior, utility maximization and optimal choice, profit function, cost minimization and cost function. The textbook covers methods including present worth method, future worth method, annual worth method, internal rate of return method, explicit reinvestment rate of return method and payout method useful for studying economic studies. A chapter on value engineering discusses important topics such as function analysis systems techniques, the value index, value measurement techniques, innovative phase and constraints analysis in depth. It facilitates the understanding of the concepts through illustrations and solved problems. This text is the ideal resource for Indian undergraduate engineering students in the fields of mechanical engineering, computer science and engineering and electronics engineering for a course on engineering economics/engineering economy.
What core themes, tropes, or subjects are explored in Principles of Engineering Economics with Applications?
Technology, Engineering, Agriculture, Industrial processes > Mechanical engineering and materials > Mechanical engineering
Where can I read a sample of Principles of Engineering Economics with Applications?
You can read an official preview of the few pages here https://www.book2look.com/book/9781108458856
Who is/are the Author/s of the book Principles of Engineering Economics with Applications?
Zahid A. Khan,Arshad N. Siddiquee,Brajesh Kumar,Mustafa H. Abidi
What are the ISBN numbers for the physical and digital editions?
Principles of Engineering Economics with Applications is available as paperback(ISBN 9781108458856)